Axxcess Wealth Management LLC Grows Stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Axxcess Wealth Management LLC grew its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 14.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 50,478 shares of the company’s stock after acquiring an additional 6,460 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,869,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of PAVE. Signaturefd LLC raised its stake in shares of Global X U.S. Infrastructure Development ETF by 10.2% in the second quarter. Signaturefd LLC now owns 3,254 shares of the company’s stock worth $120,000 after purchasing an additional 300 shares during the last quarter. American Institute for Advanced Investment Management LLP lifted its stake in Global X U.S. Infrastructure Development ETF by 0.7% during the 1st quarter. American Institute for Advanced Investment Management LLP now owns 43,969 shares of the company’s stock valued at $1,750,000 after acquiring an additional 324 shares during the period. Trademark Financial Management LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 1.6% during the 1st quarter. Trademark Financial Management LLC now owns 21,597 shares of the company’s stock valued at $860,000 after acquiring an additional 336 shares during the last quarter. Cascade Financial Partners LLC grew its stake in shares of Global X U.S. Infrastructure Development ETF by 1.3% in the second quarter. Cascade Financial Partners LLC now owns 27,603 shares of the company’s stock worth $1,022,000 after acquiring an additional 353 shares during the period. Finally, BOKF NA raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 10.9% during the second quarter. BOKF NA now owns 3,800 shares of the company’s stock valued at $141,000 after purchasing an additional 375 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

BATS PAVE opened at $39.56 on Thursday. The stock has a market capitalization of $7.58 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80. The business’s fifty day moving average price is $38.35 and its 200-day moving average price is $38.26.

Global X U.S. Infrastructure Development ETF Company Profile

The Global X U.S. Infrastructure Development ETF (PAVE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of US-listed companies that derive the majority of their revenue from or have a stated business purpose related to infrastructure development.